XBRL assurance is generally expected to include all of the following except:
A)Assurance that the most current,standardized XBRL taxonomy is used.
B)Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable.
C)Assurance that the XBRL tagging is accurate and complete.
D)Assurance that reports include all relevant financial and nonfinancial information.

Question

Quizplus · Accepted Answer

XBRL assurance does not typically include assurance that reports include all relevant financial and nonfinancial information. This is the responsibility of the reporting entity to ensure all relevant information is included in the report. Assurance for XBRL typically focuses on the accuracy, completeness, and reliability of the XBRL tagging and underlying data, as well as ensuring the use of the most current, standardized XBRL taxonomy.

XBRL Assurance Is Generally Expected to Include All of the Following